Property Overview: 115 Peony Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This 1960-built, three-level split home on a standard 5,500 sqft lot presents a practical and straightforward offering in Winnipeg's Garden City neighborhood. With 1,056 sqft of living space and a renovated basement, it is a home that prioritizes function and value over size or luxury. Its assessed value of $330k positions it as a more accessible entry point within its immediate area, often coming in below local averages.

The primary appeal lies in its value proposition and established location. It suits first-time homebuyers or practical downsizers who are comfortable with a home of average size for the city but see opportunity in a price point that is competitive for the street and neighborhood. The renovated basement adds flexible living space, a significant plus for those needing a home office, recreational room, or separate area for family. The lot size is generous for the street, offering good outdoor space relative to its direct peers. This is not a showpiece property, but a solid, no-frills home for someone looking to enter the market or secure a manageable property without overextending financially.

Section 2: Frequently Asked Questions

1. How does the value of this home compare to others nearby?
The home’s assessed value tends to be below the average for both Peony Avenue and the wider Garden City area, though it is around the citywide average. This suggests it may offer relative value within its immediate community.

2. What is the significance of the "three-level split" design?
Common in its era, this design creates smaller, distinct levels, which can offer good separation of living and sleeping areas. Buyers should consider if the layout suits their flow, as it involves more short flights of stairs than a traditional two-story.

3. The data shows a wide range for the 2016 sale price. What is the exact figure?
For precise historical sale prices, you must request the information directly via the provided email service. The public data shows an estimated range as a guideline only.

4. Is the lot size a pro or a con?
It depends on perspective. The lot is slightly larger than others on Peony Avenue, which is a positive. However, it is below the average lot size for the broader Garden City neighborhood, so it may feel standard or slightly compact compared to many area homes.

5. There's no garage. How does that impact value and livability in this area?
The lack of a garage is a practical consideration, especially given Winnipeg's climate. It may be reflected in the home's competitive pricing. Buyers should budget for alternative parking and storage solutions, or factor in the potential cost and feasibility of adding a garage in the future.